I think the new team is very impressed with LTC.... as was the old team of Frank D and Richard A. Why else would professionals of such stature sign up if they weren't very, very encouraged?
That said, we don't know what Frank D and Richard A were promised. Nor do we know what the new team has been promised, both in terms of compensation and in terms of a working captal budget.
We do however, know that the big fish pull out quickly when their conditions, ostensibly agreed to by management, aren't met.
All we have now are a lot of "seems".... ever read Hamlet?
And while we wait and speculate, large shareholders liquidate. Hence the current PPS, a trend that could and most likely will continue until CTGI management produces.
The story here hasn't changed much in many, many years: no tickie, no laundry.
